Other links:

Other links:

Economics and Public Policy Major

The university announced the interdisciplinary major in Economics and Public Policy in 2023. This program exposes undergraduate students to issues in public policy and empowers them with tools to solve problems in the field. It combines rigorous academic training with policy issues, preparing graduates for a variety of influential and fulfilling careers.

The department recommends that students complete mathematics in Classes 11 and 12 to be eligible for any economics-related major or minor.

For students who have not studied mathematics in Classes 11 and 12 to be eligible for any economics-related major or minor, they need to:

a) Take MAT 1000: Calculus (a 1000-level course) offered by the Mathematics department in their first semester and

b) Secure at least an A- to be eligible

Note, there may be an entry test requirement for MAT 1000 which will be set by the Maths department. Please check the mathematics department website for more details. 

Major Requirements

Students admitted to Ashoka in 2022 and thereafter fall within the NEP Programs. Credit requirements for interdisciplinary majors are listed below.

Four-year Economics and Public Policy UG degree (BA Hons. degree) requires 20 major courses, each of 4 credits. The structure of the 20 courses is the following:

  1. 12 compulsory courses in Economics: these include — Introduction to Economics, Mathematics for Economics, Microeconomic Theory I, Macroeconomic Theory I, Statistics for Economics, Microeconomic Theory II, Macroeconomic Theory II, Econometrics, Development Economics, Advanced Microeconomics, Advanced Macroeconomics and Advanced Econometrics.
  2. Any 8 economics or public policy electives, of which at least 4 public policy electives.

In addition to this one can do a four-year BA Honours with Research with an additional Dissertation of 12 credits. The exact breakdown of the year-long sequence will be announced after the university discussions by the end of the academic year 2024-25.

Three-year Economics and Public Policy UG degree (BA degree) comprised of 15 major courses, each of 4 credits. The structure of the 15 courses will be the following.

  1. The 9 compulsory Economics major courses include  — Introduction to Economics, Mathematics for Economics, Microeconomic Theory I, Macroeconomic Theory I, Statistics for Economics, Microeconomic Theory II, Macroeconomic Theory II, Econometrics, and Development Economics.
  2. Any 6 economics or public policy electives, of which at least 3 public policy electives.

Note: Students graduating in 3 years can of course take more than 3 public policy courses. In that case, they have to take correspondingly fewer electives. Similarly, students graduating in 4 years can take more than 4 public policy courses with a corresponding reduction in the number of electives.

Public Policy Courses

A sample of courses constituting the Public Policy basket is the following.

  1. Health Economics
  2. Environment Economics
  3. Social Policy in India
  4. Public Economics
  5. Pricing Theory and Public Policy
  6. Trade Policy
  7. Industrial Organisation
  8. Labour Economics
  9. Resource Economics

The list of economics and public policy electives from recent semesters can be found here

Sample Curriculum Structure for Economics Major (For students admitted in 2023 and later)

4-year Economics and Public Policy major:

Semester I Semester II Semester III Semester IV Semester V Semester VI Semester VII Semester VIII
Introduction to Critical Thinking Foundation Course 4 Foundation Course 6 Foundation Course 7 Foundation Course 8 Econ/Pub Elective 2 Advanced Microeconomics Econ/Pub Elective 4
Foundation Course 1 Foundation Course 5 Statstics for Economics Econometrics Development Economics Econ/Pub Elective 3 Advanced Macroeconomics Public Policy Elective 4
Foundation Course 2 Introduction To Economics Microeconomics Theory I  Microeconomics Theory II Econ/Pub Elective 1 Public Policy Elective 2 Advanced Econometrics  
Foundation Course 3 Mathematics for Economists Macroeconomics Theory I  Macroeconomics Theory II Public Policy Elective 1 Public Policy Elective 3  

The above table is only a sample curriculum structure. Blank boxes are for non-major courses. There could be other possibilities, e.g. taking the 7th Foundation Course in 6th semester and taking three Economics electives in the 5th semester.

 

3-year Economics and Public Policy major:

Semester I Semester II Semester III Semester IV Semester V Semester VI
Introduction to Critical Thinking Foundation Course 4 Foundation Course 6 Foundation Course 7 Foundation Course 8 Econ/Pub Elective 2
Foundation Course 1 Foundation Course 5 Statstics for Economics Econometrics Development Economics Econ/Pub Elective 3
Foundation Course 2 Introduction To Economics Microeconomics Theory I  Microeconomics Theory II Econ/Pub Elective 1 Public Policy Elective 2
Foundation Course 3 Mathematics for Economists Macroeconomics Theory I  Macroeconomics Theory II Public Policy Elective 1 Public Policy Elective 3

 

Study at Ashoka

Study at Ashoka

    [current_url]